Think we are talking cross purposes here.... The meeting on the...

Think we are talking cross purposes here.... The meeting on the 24th is where we need to propose to windup ARL  and it needs to have enough votes to get rid of the new board.  

Jenny is winding up what assets are left with the PIF.  Let's not forget that the reason most of us (myself included) voted her in, was because she said we would only get 14.5cents if we liquidated. What a bloody fiasco.  Once she was in control she pulled every trick in the book - plus some very original ones to stay there!!

If you look up "Responsible entity" in Wikipedia  you will find that an RE is a peculiarly Australian   invention created in 1998.

The responsible entity must:-   Act honestly
Exercise a reasonable degree of care and diligence
Act in the best interest of members of the investment scheme
Treat all investment scheme members equally

What a joke. Asic ASIC (pun intended) is supposed to be who we turn to when the above is not happening!

I think I'll stop now, and go and a beer or 6 as I am starting to rant!!!